Ninepoint 2022 Short Duration Flow-Through Limited Partnership
$25,000,000.00
1,000,000.00 Units at $25.00
Initial Public Offering - Closed - Wednesday, September 21, 2022
Company Description
Ninepoint 2022 Short Duration Flow-Through Limited Partnership is a non-redeemable investment fund established to invest in Flow-Through Shares and other securities, if any, of Resource Issuers whose principal business will be: (i) mining exploration, development, and/or production, (ii) oil and gas exploration, development, and/or production or (iii) certain energy production that may incur CRCE. Ninepoint Ninepoint 2020 Corporation is the general partner of the Partnership. The Partnership has retained Ninepoint Partners LP as the manager of the Fund.
| Address: |
Royal Bank Plaza, South Tower, 200 Bay Street, Suite 2700, P.O. Box 27 Toronto, Ontario, M5J 2J1 Canada |
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| Phone Number: | 416 934-4065 |
| Fax Number: | |
| Website: |
| Industry: | Structured Products |
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| Closing Date: | Wednesday, September 21, 2022 |
| 1st Day of Trading: | |
| Primary Symbol: | |
| Exchange: |
Proceeds
The net proceeds of the offering will be used to subscribe in flow-through shares and other securities, if any, of resource Issuers.
| Gross Proceeds: | $25,000,000.00 |
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| Underwrting Fees: | $1,437,500.00 |
| Expense Offering: | $500,000.00 |
| Net Proceeds: | $23,062,500.00 |
| Lead Underwriter: | RBC Dominion Securities Inc. |
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| Other Underwriter(s): |
CIBC World Markets Inc. BMO Nesbitt Burns Inc. TD Securities Inc. Scotia Capital Inc. National Bank Financial Inc. Desjardins Securities Inc. Raymond James Ltd. Canaccord Genuity Corp. Manulife Securities Incorporated Infor Financial Inc. Richardson Wealth Ltd iA Private Wealth Inc. |
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